Defining fabulously wealthy

This Labor government says an income greater than $100,000 makes one "fabulously wealthy". What then is the description of the many thousands earning two-to-20 times of that amount, including politicians.

An income of $100,000 a year ($52 an hour) is no more than the average income of a skilled machinist, engineer, plumber, miner, electrician, accountant, division manager. Even left-wing labour has never before classed them outside their usual descriptors of “working families" and battlers.

For elderly retirees from a lifetime of middle-income employment, often facing elevated medical costs, $100,000 is no more than bare maintenance level. And we have already been taxed on that “fabulous wealth" when we put it into our super fund over 20-40 years.